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With Brazil’s government increasing its efforts to focus on growing the country’s standing as a hub for the emerging technologies, AIBC America’s first event for the market is perfectly timed to connect its wide-reaching network in the West with LatAm’s leading innovators, and policy makers.
An emerging innovation hub
South America, led by Brazil, is rapidly emerging as a leader in tech-focussed businesses. Investment in areas such as AI and Blockchain has allowed the region to leverage long-awaited opportunities to leapfrog toward greater levels of innovation, productivity, and socio-economic progress.
– In Oxford Insights’ AI Readiness Index 2019, Brazil was ranked 40 out of 192 countries, a sign that the South American powerhouse is moving up in the emerging tech sector.
– An AI Index report from Stanford University illuminates this shift in direction for the country’s economy – Brazil is now considered one of the top 5 countries in the world with the fastest growth in AI hiring.